Pembina Pipeline Corp (PPL) — Free Cash Flow Generation Index
Pembina Pipeline Corp (PPL) has a Free Cash Flow Generation Index of 0.72x as of December 2025. Free cash flow of CA$617.00 Million represents 1% of operating cash flow (CA$852.00 Million). See PPL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Pembina Pipeline Corp Free Cash Flow Generation Index (1998–2025)
Historical FCF Generation Index trend for Pembina Pipeline Corp across 28 annual periods. Explore how well can Pembina Pipeline Corp service its debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Pembina Pipeline Corp (1998–2025)
Year-by-year Free Cash Flow Generation Index for Pembina Pipeline Corp. For the full company profile including market capitalisation, see Pembina Pipeline Corp (PPL) market capitalisation.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.76x | CA$2.49 Billion | CA$3.27 Billion | CA$784.00 Million | ▲ +8.6% |
| 2024 | 0.70x | CA$2.23 Billion | CA$3.19 Billion | CA$955.00 Million | ▼ -8.9% |
| 2023 | 0.77x | CA$2.01 Billion | CA$2.62 Billion | CA$606.00 Million | ▼ -2.9% |
| 2022 | 0.79x | CA$2.30 Billion | CA$2.91 Billion | CA$605.00 Million | ▲ +5.7% |
| 2021 | 0.75x | CA$1.97 Billion | CA$2.62 Billion | CA$658.00 Million | ▲ +40.4% |
| 2020 | 0.53x | CA$1.18 Billion | CA$2.21 Billion | CA$1.03 Billion | ▲ +57.2% |
| 2019 | 0.34x | CA$845.00 Million | CA$2.49 Billion | CA$1.65 Billion | ▼ -24.2% |
| 2018 | 0.45x | CA$995.00 Million | CA$2.22 Billion | CA$1.23 Billion | ▲ +267.0% |
| 2017 | -0.27x | CA$-389.00 Million | CA$1.45 Billion | CA$1.84 Billion | ▲ +63.6% |
| 2016 | -0.74x | CA$-740.00 Million | CA$1.00 Billion | CA$1.75 Billion | ▲ +49.9% |
| 2015 | -1.47x | CA$-1.08 Billion | CA$733.00 Million | CA$1.81 Billion | ▼ -69.5% |
| 2014 | -0.87x | CA$-656.00 Million | CA$756.00 Million | CA$1.41 Billion | ▼ -146.7% |
| 2013 | -0.35x | CA$-229.00 Million | CA$651.00 Million | CA$880.00 Million | ▲ +32.3% |
| 2012 | -0.52x | CA$-187.01 Million | CA$359.81 Million | CA$546.82 Million | ▲ +22.5% |
| 2011 | -0.67x | CA$-192.62 Million | CA$287.09 Million | CA$479.71 Million | ▼ -341.3% |
| 2010 | 0.28x | CA$71.50 Million | CA$257.19 Million | CA$198.72 Million | ▼ -22.7% |
| 2009 | 0.36x | CA$80.78 Million | CA$224.62 Million | CA$143.83 Million | ▲ +2042.8% |
| 2008 | -0.02x | CA$-4.07 Million | CA$219.91 Million | CA$223.98 Million | ▲ +96.8% |
| 2007 | -0.58x | CA$-110.77 Million | CA$189.54 Million | CA$300.31 Million | ▼ -235.0% |
| 2006 | -0.17x | CA$-25.09 Million | CA$143.86 Million | CA$168.96 Million | ▼ -159.6% |
| 2005 | 0.29x | CA$32.90 Million | CA$112.36 Million | CA$79.46 Million | ▼ -43.4% |
| 2004 | 0.52x | CA$62.16 Million | CA$120.17 Million | CA$27.88 Million | ▼ -38.5% |
| 2003 | 0.84x | CA$87.34 Million | CA$103.90 Million | CA$16.56 Million | ▲ +14.5% |
| 2002 | 0.73x | CA$78.52 Million | CA$106.98 Million | CA$28.46 Million | ▼ -16.2% |
| 2001 | 0.88x | CA$81.32 Million | CA$92.89 Million | CA$11.57 Million | ▲ +406.6% |
| 2000 | 0.17x | CA$9.00 Million | CA$52.06 Million | CA$43.06 Million | ▼ -79.2% |
| 1999 | 0.83x | CA$49.22 Million | CA$59.25 Million | CA$10.03 Million | ▲ +2.5% |
| 1998 | 0.81x | CA$51.52 Million | CA$63.58 Million | CA$12.06 Million | — |